OZHAN: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
OZHAN
Largest movements
- Tangible fixed assets -€95,650
down €95,650 (-15.8%), from €605,850 to €510,200
of which Other tangible fixed assets: -€65,530
- Stocks and contracts +€18,421
up €18,421 (+24.4%), from €75,480 to €93,901
- Debts after one year -€69,699
down €69,699 (-21.6%), from €323,284 to €253,584
of which Financial debts: -€67,819
- Other debts -€58,523
no longer reported in 2025 (was €58,523)
- Profit (loss) carried forward +€29,329
up €29,329 (+12.9%), from €226,847 to €256,176
- Current portion of long-term debt +€15,378
up €15,378 (+16.2%), from €95,125 to €110,502
- Gross operating margin +€19,995
up €19,995 (+9.7%), from €205,185 to €225,179
- Taxes +€9,970
up €9,970 (+419.5%), from €2,377 to €12,346
- Depreciation -€8,078
down €8,078 (-7.4%), from €108,918 to €100,840
- Other operating charges +€2,924
up €2,924 (+38.2%), from €7,649 to €10,574
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €789,459 | €710,456 | -€79,003 | -10.0% |
| Fixed assets | 21/28 | €629,615 | €533,965 | -€95,650 | -15.2% |
| Tangible fixed assets | 22/27 | €605,850 | €510,200 | -€95,650 | -15.8% |
| Land and buildings | 22 | €468,267 | €443,267 | -€25,000 | -5.3% |
| Furniture and vehicles | 24 | €15,187 | €10,068 | -€5,119 | -33.7% |
| Other tangible fixed assets | 26 | €122,396 | €56,866 | -€65,530 | -53.5% |
| Financial fixed assets | 28 | €23,765 | €23,765 | = | 0.0% |
| Current assets | 29/58 | €159,843 | €176,491 | +€16,647 | +10.4% |
| Stocks and contracts in progress | 3 | €75,480 | €93,901 | +€18,421 | +24.4% |
| Stocks | 30/36 | €75,480 | €93,901 | +€18,421 | +24.4% |
| Amounts receivable within one year | 40/41 | €15,487 | €13,280 | -€2,207 | -14.3% |
| Trade receivables | 40 | €11,011 | €9,075 | -€1,936 | -17.6% |
| Other amounts receivable | 41 | €4,476 | €4,205 | -€271 | -6.1% |
| Cash at bank and in hand | 54/58 | €63,686 | €63,950 | +€264 | +0.4% |
| Deferred charges and accrued income | 490/1 | €5,190 | €5,360 | +€170 | +3.3% |
| Total equity and liabilities | 10/49 | €789,459 | €710,456 | -€79,003 | -10.0% |
| Equity | 10/15 | €251,847 | €281,176 | +€29,329 | +11.6% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €226,847 | €256,176 | +€29,329 | +12.9% |
| Amounts payable | 17/49 | €537,612 | €429,280 | -€108,332 | -20.2% |
| Amounts payable after more than one year | 17 | €323,284 | €253,584 | -€69,699 | -21.6% |
| Financial debts | 170/4 | €321,404 | €253,584 | -€67,819 | -21.1% |
| Other amounts payable | 178/9 | €1,880 | - | -€1,880 | |
| Amounts payable within one year | 42/48 | €214,328 | €175,696 | -€38,632 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €95,125 | €110,502 | +€15,378 | +16.2% |
| Trade debts | 44 | €35,461 | €35,161 | -€300 | -0.8% |
| Suppliers | 440/4 | €35,461 | €35,161 | -€300 | -0.8% |
| Taxes, remuneration and social security | 45 | €25,219 | €30,032 | +€4,813 | +19.1% |
| Taxes | 450/3 | €5,978 | €16,881 | +€10,903 | +182.4% |
| Remuneration and social security | 454/9 | €19,241 | €13,151 | -€6,090 | -31.7% |
| Other amounts payable | 47/48 | €58,523 | - | -€58,523 | |
| Remuneration, social security and pensions | 62 | €70,965 | €71,894 | +€929 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,918 | €100,840 | -€8,078 | -7.4% |
| Other operating charges | 640/8 | €7,649 | €10,574 | +€2,924 | +38.2% |
| Gross operating margin | 9900 | €205,185 | €225,179 | +€19,995 | +9.7% |
| Operating profit (loss) | 9901 | €17,652 | €41,871 | +€24,219 | +137.2% |
| Financial income | 75/76B | €10,224 | €9,688 | -€536 | -5.2% |
| Recurring financial income | 75 | €10,224 | €9,688 | -€536 | -5.2% |
| Financial charges | 65/66B | €8,304 | €9,884 | +€1,580 | +19.0% |
| Recurring financial charges | 65 | €8,304 | €9,884 | +€1,580 | +19.0% |
| Profit (loss) for the period before taxes | 9903 | €19,573 | €41,675 | +€22,103 | +112.9% |
| Income taxes | 67/77 | €2,377 | €12,346 | +€9,970 | +419.5% |
| Profit (loss) for the period | 9904 | €17,196 | €29,329 | +€12,133 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,196 | €29,329 | +€12,133 | +70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.